Real wages slump in Czechia for seventh consecutive quarter
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Despite a rise in nominal wages, high extant inflation is behind the decline in average salaries.
PM Fiala: Czechia can become one of the most advanced countries in the world
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The Czech prime minister focused on six specific areas in which Czechia has large potential to develop.
Prague beer prices jump in 2023, with further increases expected
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A change in the VAT rate for beer means that you will likely need to pay more for it next year.
More Russian attacks on Czech banks: Hackers call for end of support to Ukraine
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Among the affected institutions were Komerční banka, ČSOB, Air Bank, Fio banka, Raiffeisen, Moneta Money Bank, and the Prague Stock Exchange.
Losing value: Difficult times may be ahead for the Czech crown
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The Czech crown weakened in recent months amid a deceleration in inflation and an end to central bank foreign-exchange interventions.
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Excessive bureaucracy is costing Czechia: A new plan to cut red tape could help
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The Chamber of Commerce has put forward a plan detailing how to reduce the country's administrative burden and save billions of crowns.
Changes to austerity package increase tax on alcohol and lower it on e-cigarettes
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The adjustments mean that tax advantages of employee benefits stay in place, and that newspapers and magazines will have a lower VAT rate.
Czechia is the second-least affordable country in Europe to purchase property
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According to consulting firm Deloitte, you need 14 gross annual Czech salaries to buy real estate in the Czech capital.
Czech inflation slowed down in July, but remains fourth-highest in EU
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According to Eurostat data shared this weekend, inflation in the Czech Republic was 10.2 percent, trailing only Hungary, Poland and Slovakia.
Czech authorities mull taxing foreign companies operating in Czechia
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Under the proposed bill, the state would collect between CZK 4 billion and 6 billion per year by taxing foreign-headquartered firms working in Czechia.
Czechs' unpaid debt rises at fastest rate in last 10 years
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Cumulatively, Czechs owed CZK 29.2 billion between January and June this year.
Mazda’s latest unbeatable deal has arrived—just in time for your perfect road trip
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For the legendary Japanese carmaker, form and function go hand in hand.
Falling food prices push Czechia's inflation below 9 percent: Which products are cheaper?
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Cheaper production costs and an abnormally high baseline from last summer mean that some foods have decreased in cost.
Czech tech, media, and telecoms sectors most attractive to investors
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Though M&As are currently in decline, a stabler macroeconomic environment and a new tax on company sales in 2024 may cause an uptick in investor activity.
Bun-believable: Fast-food prices rise sharply in Czechia
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Amid high inflation and rising operational costs, Czechia's three major fast-food chains recently increased prices.
Czech Minister of Labor advocates for euro adoption by 2030
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Marian Jurečka says Czechia will fulfill the Maastricht criteria by the end of the decade.
American Express canceling most of its remaining services in Czechia
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The charge card company, mainly used by business travelers, is scaling back its international operations.
